Understanding Inflation and Foreclosures in Southern Maine
High inflation is making daily expenses steeper, raising concerns among some folks in places like South Portland and Gorham that foreclosures might shoot up. But here’s why that scenario in our beloved Southern Maine is a bit far-fetched. Punctual Payments: The Maine Ethos Across towns like Scarbor
Read MoreAre We On The Brink Of A Foreclosure Crisis
With the soaring costs in essentials like groceries and fuel, there's mounting speculation: will homeowners struggle with their mortgage payments, leading to a surge in foreclosures? Despite a slight increase in foreclosure filings from last year, industry experts are dismissing fears of an impendin
Read MoreYour Home's Hidden Wealth: Tapping Into Equity
Homeownership is more than just a place to lay your head. Over the years, as you make payments and as the housing market appreciates, you accrue equity. And in recent times, given the boom in home prices, your equity might just be your hidden goldmine. CoreLogic's recent Equity Insights Report illum
Read MoreThe Truth About Rising Foreclosures In Today’s Market
Lately, you may have come across media reports about an increase in foreclosures in the present housing market. These might have caused some concern, especially if you're thinking of buying a home soon. It’s crucial to comprehend the context behind these reports and understand the actual situation
Read MoreNavigating the Housing Market in Changing Times
Breaking It DownNavigating through housing market statistics from one year to the next can be a bit of a puzzle in a typical market. And the last few years? They've been anything but typical, earning the label of 'unicorn' years. In the coming year, be ready for some startling headlines about the h
Read MoreToday’s Real Estate Market: The ‘Unicorns’ Have Galloped Off
Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compare
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There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up. But the data clearly shows today’s marke
Read More Why Today's Foreclosure Numbers Are Nothing Like 2008
You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happenin
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